An entity that exercises some of the functions of a corporation, but has not been granted separate legal personality by statute; especially, a public corporation with limited authority and powers, such as a county or school district.

plural of benefit corporation

(US) A kind of corporate entity that seeks to have a positive impact on society and environment in addition to making profit.

plural of C corporation

plural of S corporation

(business, US) Any corporation that is taxed separately from its owners.

(business, US) A closely held corporation that makes a valid election to be taxed by the federal government.

plural of sole corporation

A corporation consisting of a single individual and their successors.

(Britain, taxation) synonym of corporate tax